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Ramona Company has the following labor-related data. Standard labor hours for output: 15,000 hours Standard labor rate: $10 per hour Actual labor rate: $8 per

Ramona Company has the following labor-related data.

Standard labor hours for output: 15,000 hours

Standard labor rate: $10 per hour

Actual labor rate: $8 per hour

Actual labor hours: 17,500 hours

Given this information, the labor EFFICIENCY variance is

$10,000 favorable

$35,000 unfavorable

$35,000 favorable

$10,000 unfavorable

$25,000 unfavorable

$25,000 favorable

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